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July 29, 2022 OpenSea Launches New Solana (SOL)-based NFTs In Hopes To Rival Magic Eden

Here’s a brief review of the latest Solana-themed Zoonies collection on OpenSea as well as DALL-E 2 collaboration with LinkedIn founder

Solana (SOL)’s New Launchpad on OpenSea
Solana (SOL)’s alien-themed NFT project Zoonies is the first NFT avatar collection to utilize OpenSea’s brand new launchpad for Solana. OpenSea first partnered with Solana in April 2022. The noteworthy collaboration between the biggest “Ethereum Killer” and one of the most prominent NFT markets attracted a lot of attention among international buyers. The new feature - already employed on Magic Eden for several months - lets users mint Solana’s NFTs during a primary sale.

At the moment, Zoonies are trading at a price ranging from 1.97 SOL ($86) to 2.5 SOL (~$109).

Many experts highlight the fact that the release of Solana’s NFTs on OpenSea has been rather slow-moving and stagnant in comparison to other Solana’s launches. However, this could be due to the bear state of the overall NFT marketplace.

Nevertheless, analysts believe that a sluggish launch may be a sign of uncertainty rather than a failure of the project.

Amid Zoonies’ launch on OpenSea, Magic Eden continued to trade barbs and memes, constituting for over 90% of Solana’s trading volume.

Magic Eden launches Solana (SOL) themed DALL-E AI art
Magic Eden has partnered with LinkedIn founder and billionaire Reid Hoffman to create and launch new Solana (SOL) NFTs by utilizing OpenAI’s image rendering platform DALL-E.

The project, named Untranslatable Words and consisting of 11 tokenized images, was created by using written text-based art with the help of DALL-E 2.

At the moment, the collection is trading at a top price of 12 SOL (roughly $517).

Reid Hoffman is planning to split the expected revenue between charity organizations and his development team. NFTs, still remaining on the marketplace after the sale, will be burned.

DALL-E 2, initially prohibited by OpenAI for commercial purposes, launched a beta version allowing Hoffman’s collection to take place.

Solana (SOL) nodes by GetBlock: Go-to tech basis for novel NFT collections
GetBlock is a top-notch blockchain node provider for over 40 leading networks, including Solana (SOL), which remains a popular choice among the blockchain provider’s clients.

With Solana shared nodes, users can build and experiment with their decentralized applications on the Solana mainnet and testnet. Being the perfect first-entry solution, SOL shared nodes hosted by GetBlock grant access to peer-shared node infrastructure.

On the other hand, Solana dedicated nodes are privately designed and tailored nodes, ideal for bigger businesses and crypto entrepreneurs. GetBlock offers SOL dedicated nodes as a service for all clients striving to skyrocket their decentralized projects to success.
Need blockchain nodes explained? Want to learn more about investing in blockchain nodes? Do not hesitate to contact GetBlock!

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July 17, 2022 Cosmos (ATOM) Prints Double-Digit Gains Ahead of Massive Upgrade

ATOM, a core native asset of Cosmos’ cross-network ecosystem, performs well amidst markets recession.

One of the most ambitious Web3 ecosystems sees its crucial asset ATOM surging despite the uncertain market context.

ATOM spikes 11 per cent in 12 hours

Yesterday, on July 15, 2022, the price of ATOM, a native cryptocurrency asset of Cosmos, ‘Internet of blockchains’, jumped more than 10,5% from intraday low.

After bottoming at $8,13, ATOM immediately surged over $9,1. As such, ATOM was among the best performing large-caps of July 15, 2022.

After the upsurge, ATOM price recovery slightly lost its steam; by press time, it was changing hands at $9,13, being 10 per cent up in 24 hours.

The growth might not be over for ATOM as its RSI index remains in the neutral zone with 57.1 points; ATOM still doesn’t look oversold in pairs with USD.

dYdX standalone blockchain, ‘Interchain Security’ update: Cosmos progress on fire
ATOM price spikes as the protocol approaches a crucial update. In September, 2022, the protocol can activate ‘Interchain Security’ upgrade. This upgrade will allow the projects within the Cosmos ecosystem to get the highest level of security in Cosmos protected by its 175+ validators.

This upgrade is set to streamline the process of deployment of decentralized applications (dApps) to Cosmos (ATOM).

Also, it was announced that dYdX, a veteran DeFi protocol, will migrate to its own blockchain from Ethereum (ETH). This blockchain will be integrated into Cosmos nodes ecosystem as a stand-alone chain.

Cosmos blockchain nodes by GetBlock: Decentralized backend for new-gen dApps
Blockchain nodes provider GetBlock offers high-performance Cosmos (ATOM) nodes APIs. Shared and dedicated nodes for Cosmos (ATOM) are ready to on-board all types of decentralized applications.

Both shared and dedicated nodes for Cosmos are available through the REST API method. Free and paid tariffs for GetBlock clients include Cosmos blockchain nodes.

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July 15, 2022 Arbitrum Launches New Sidechain Arbitrum Nova. What It Means For Arbitrum Nodes?

Here’s why blockchain enthusiasts might not want to miss out on the launch of Arbitrum Nova, the novel Arbitrum sidechain for efficient dApp development.

Earlier this week, Ethereum-based layer two solution Arbitrum deployed Arbitrum Nova, designed for social applications and GameFi development. At the time of writing, the Arbitrum Total Value Locked is reaching over $1.88 billion, according to L2BEAT, which makes Arbitrum the largest Ethereum-based second-layer network in terms of TVL at the moment.

What is Arbitrum Nova?
Not unlike Arbitrum One, launched by New York-based development firm Offchain Labs, Arbitrum Nova is intended to help creators tackle scalability, privacy, and speed-related issues. However, the new chain is tailored for building social applications and gaming, whereas the initial Arbitrum chain still focuses on DeFi and NFT projects.

Arbitrum offers faster transactions, lower fees, and robust Ethereum-based security benefits for Web3 developers. By implementing a unique optimistic rollup technology, users are provided with full access to the EVM environment.

Arbitrum Nova, now live on mainnet, utilizes the AnyTrust technology introduced in early 2022 and intended to deliver extra low transaction costs - this being the key difference between the new technology and Optimistic Rollup on Arbitrum One.

Developers can already test out the new technology on the Arbitrum sidechain. The two parallel Arbitrum chains now work together, offering a much broader list of use cases for blockchain developers.

How can developers utilize Artbitrum Nova?
Since Artitrum Nova was only launched a few days ago, public access is still closed. Anyone interested in checking out the platform can apply via this link. Arbitrum Nova will be open to the broader masses in approximately 14 days, according to the development team.

During the testing period, developers can experiment with the new Arbitrum nodes and deploy decentralized applications in gaming and/or social networking spheres.

Arbitrum is not the first project to introduce parallelly running sidechains. For instance, in Q1 2022 BNB Smart Chain launched its side chain BAS Chain (BNB Application Sidechain). BAS Chain allows developers to customize their validator set, gas fees, and launch BEP121-tokens.

What’s more, Ethereum also has sidechains, widely used by developers - one of them being Ronin, a parallel network launched by Axie Infinity’s creators Sky Mavis in 2020 in hopes to correct Ethereum’s slow speed and expensive transaction fees.

GetBlock’s blockchain nodes for Arbitrum
GetBlock, a pioneer blockchain nodes provider for top leading networks, can help developers kick off their journey in blockchain technology. Arbitrum users can now purchase blockchain nodes as a service with the help of GetBlock.

Arbitrum shared nodes offer battle-tested technical infrastructure for high-performance dApps. GetBlock clients can now deploy reliable API endpoints to Arbitrum by utilizing the peer-shared node architecture.

Arbitrum dedicated nodes are designed to meet the specific needs of every client. GetBlock guarantees a seamless and fast connection to the blockchain node API. Privately tailored nodes for Arbitrum provide an all-in-one solution for successful dApp deployment.

GetBlock’s full blockchain nodes list includes over 40 leading networks. If you want to learn more about investing in blockchain nodes, how nodes work in blockchain, or check out our crypto nodes review, please visit GetBlock.io and do not hesitate to contact us.

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July 15, 2022 Not Only STEPN: Top-5 Move-to-Earn Projects (And Tokens!) That Change The Narrative in Web3

STEPN app, a much-overhyped gamified decentralized application, introduced the ‘Move-to-Earn’ concept to a global audience. Here’s who is coming to follow its success

Euphoria around ‘Move-to-Earn’ protocols is the last massive hype wave in crypto so far. Despite markets being in deep red, numerous teams are exploring the benefits of ‘Move-to-Earn’.

What is ‘Move-to-Earn’ and why is M2E popular?
Move-to-Earn is a spin-off of the Play-to-Earn concept. Move-to-Earn (or M2E) should be referred to as a type of blockchain protocol that allows their users to earn money (in crypto) for physical activity: jogging, running, doing yoga, climbing, gym exercises, and so on.

Solana-based protocol STEPN made headlines in Q2, 2022: it introduced Move-to-Earn to thousands of crypto newbies across the globe. Not unlike gaming guilds in Play-to-Earn, STEPN crypto fans created large and vibrant communities; thousands of them made STEPN their full-time job.

However, by July 2022, the hype around STEPN almost disappeared; a new generation of Move-to-Earn protocols is ready to on-board excited neophytes.

Top 5 Move-to-Earn ecosystems in the shadow of STEPN
GetBlock’s team unveils the brief review of trending Move-to-Earn applications across various blockchains.

OliveX is a pioneering fitness metaverse in Web3. OliveX is an official partner of The Sandbox, first-ever mainstream metaverse project. The protocol allows users to earn crypto for various activities; its economics is underpinned by DOSE token.

Genopets promotes itself as a pioneering Move-to-Earn game with integrated NFTs. In Genopets people create their virtual personalities. These avatars evolve into powerful players as their owners increase their daily activity. The protocol boasts GENE and KI tokens.

Walken is an intersection between Play-to-Earn and Move-to-Earn platforms. Users are invited to breed their pets and use them in battles and tournaments. Winners are rewarded with WLKN tokens.

Step App prioritizes socialization and physical activity of Web3 fans. Not unlike STEPN, Step App crypto game invites players to buy virtual sneakers and earn FITFI token for completing real-world missions.

Amazy is a lifestyle application that allows its players to walk and run in customized footwear. The protocol is hosted by BNB Chain (former Binance Smart Chain); most prominent runners are rewarded with AZY tokens.

Introducing GetBlock, a top blockchain nodes provider for M2E
First and foremost, speed, low transaction costs and zero latency are characteristics required by Move-to-Earn applications. They prioritize microtransactions; high transaction fees can destroy the tokenomics of M2E app.

GetBlock with its feature-rich and high-performance nodes stack, is a smart bet for M2E. GetBlock supports wide range of M2E-centric blockchains including Solana, Polygon, BNB Chain, and so on.

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July 7, 2022 Cardano’s Most Crucial Upgrade for 2022, Vasil, Goes Live In Testnet

Cardano (ADA) has successfully activated a testnet hardfork in preparation for the upcoming Vasil upgrade.

As hotly anticipated Vasil is live in testnet, Input-Output Global claims it would take roughly four weeks for it to be implemented on the mainnet.

Cardano Launches Vasil on Testnet: Why is This Crucial?

Cardano (ADA), a largest network running on the Proof-of-Stake consensus, has activated its major Vasil upgrade in testnet.

Vasil is to maximize scalability on Cardano by increasing throughput, speed, and efficiency for decentralized applications. What’s more, users can expect lower fees and interoperability with other blockchains.

Cardano’s Vasil upgrade is a major part of the Basho era, which comes as stage four among five big upgrades awaiting the Cardano network. In Cardano, Byron (phase 1) was mainly responsible to provide a robust foundation to the network; Shelley (phase 2) focused on decentralization; Goguen (phase 3) implemented smart contract functionality; whereas Basho (the current phase 4) is set to guarantee maximum scalability.

As stated by IOG, the community has to be “comfortable and ready” before the new upgrade goes live on the mainnet. Underpinned by token ADA, Cardano nodes ecosystem is going to on-bord next generation of dApps.

How Cardano (ADA) Price Reacts

After the announcement of the testnet hardfork completion was made, Cardano (ADA) gained only a little momentum. The price growth was up 0.1% over the period of 24 hours. Transaction volume also dropped by 68%, plummeting from $847.13 million to $150.64 million. Furthermore, whale transactions showed an 82% decrease due to the same reasoning.

Despite a rather underwhelming reaction to the Vasil testnet hardfork, Cardano (ADA) upgrade remains one of the most anticipated in the last few months.

What are GetBlock’s Blockchain Nodes for Cardano?

GetBlock is a top-notch blockchain nodes provider for 40+ networks. GetBlock facilitates the latest blockchain technology for its clients by offering shared and dedicated blockchain nodes as a service.

Via Cardano shared nodes provided by GetBlock, users gain access to the peer-shared nodes infrastructure and can experiment with the unexplored smart contracts, driven by ADA API for the on-chain applications.

Cardano dedicated nodes, another service by GetBlock, are the perfect solution for Web3 developers looking for privately designed blockchain node infrastructure. GetBlock clients can access Cardano network via API keys designed to establish a reliable and convenient connection.

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July 6, 2022 Polkadot (DOT) Announces Upgraded Blockchain Governance

Here’s how Polkadot’s blockchain governance system upgrade will affect the network and what that means for GetBlock clients.

During the annual Polkadot Decoded gathering, Polkadot’s founder Gavin Wood announced an upgrade of the blockchain governance system to the Gov2 version.

Introducing Polkadot’s Gov2, an upgraded governance design for Polkadot nodes

Polkadot is a decentralized blockchain consisting of several parallel proof-of-stake chains, also known as parachains. Polkadot (DOT) nodes are leveraged by numerous dApps of all types.

The Polkadot network’s decision-making process is set to increase its capability to process a greater number of voting proposals and boost inclusivity and decentralization. Prior to being activated on Polkadot (DOT) nodes, the upgrade will initially be tested on Kusama - Polkadot’s highly scalable canary network.

Among some of the new updates are the ability to make simultaneous governance decisions and start referendums, the removal of the voting hierarchy, and the introduction of the Polkadot Fellowship organization.

*Polkadot adopts Fellowship and Origins, novel ecosystem instruments
*
The Polkadot Fellowship will replace the current Polkadot’s Technical Committee. Following the Polkadot founder’s statement, becoming a member of the Fellowship will be “as easy as placing a small deposit”.

Besides being well-informed, participants of the new self-governing and fully transparent body will work towards staying in line with Polkadot’s vision before coming out with the final decision.

Under the new upgrade, independent proposals will be known as “Origins”, the name highlighting the significance of community participation in the network’s maintenance. Moreover, each proposal is assigned a “track” in order to stay updated on the progress of the proposal.

Members of the Polkadot Fellowship responsible for the proposal are able to choose which Origin they would like to execute their proposal with, therefore, determining the track that particular proposal is set to go with and the way the proposal referendum is to be carried out.

How Can GetBlock Help Developers on Polkadot

Polkadot is a robust blockchain and a popular choice among Web3 developers. Via GetBlock, developers and entrepreneurs can get fast and reliable access to Polkadot’s ecosystem by implementing GetBlock’s shared and dedicated blockchain nodes into their decentralized projects. With the help of GetBlock’s cost-efficient API-driven infrastructure, clients can experiment with their businesses under realistic economic conditions.

Polkadot (DOT) shared nodes are the perfect first-entry solution for beginners offering peer-shared architecture; whereas Polkadot dedicated nodes are privately designed solutions with an unlimited number of requests.

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June 30, 2022 Nervos Network’s Hackathon BlockJam Invites Developers, Entrepreneurs and Web3 Enthusiasts

BlockJam, a 16-day online event, goes live to educate the next generation of crypto enthusiasts and create a meeting point for their interaction and socialization.
Nervos Network’ BlockJam virtual conference kicks off

According to the official statement by the Nervos Network team, its Blockjam conference launched on June 17th, 2022. Within the framework of the first section of this conference, DeFi, NFT and GameFi professionals and newbies were invited to attend talks and sessions with high-reputable speakers.

Together with other industry leaders, GetBlock’s business development guru Maria Key will speak about blockchain nodes and their role in Web3 development. Ms. Key will also cover GetBlock’s USP and its next steps of the roadmap.

Also, Nervos Network’s partners from Chainsafe and Filecoin, will be holding the discussions about ERC-1155 token standard and its role in new dApps’ development. The attendants will learn about the opportunities ERC-1155 standard unlocks for DeFi and Play-to-Earn designs.

Inter alia, BlockJam hackathon is focused on strengthening Nervos- and Godwoken-based ecosystem of decentralized applications. Nervos representatives will spread the word about last milestones accomplished by Nervos and its features for retail clients.
Introducing GameJam, a novel virtual hackathon for Play-to-Earn projects

On June 20 – July 4, 2022, BlockJam attendees will also be invited to take part in GameJam hackathon focused on blockchain-based gaming and various use-cases crucial for progress and adoption.

For instance, GameJam participants will be able to suggest their solutions for gameplay designs, in-game stores’ economical architecture, community building, value creation, and so on.

Top-tier GameFi experts will select the most promising products; $50,000 prize pool will be distributed between GameJam 2022 winners in various tracks.

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June 29, 2022 Year of Web3: GetBlock Strengthens its Positions Amidst Falling Market

As the majority of Web3 companies are cutting their marketing budgets and ‘reassessing headcounts’, GetBlock is going to explore new opportunities with recent partnerships and novel services added.
2022 for dApps: Year of Web3 or another ‘Crypto Winter’?

In June, 2022, aggregated cryptocurrency market capitalization slipped below $850 million for the first time since December, 2020. This, in turn, triggered the outflow of funds from crypto-based investing products and funds. Many speakers are indicating the start (or even bottom) of another Crypto Winter that can be similar to the 2018 recession.

At the same time, this controversial context can catalyze a new phase of Web3 revolution. First, there’s no need to focus on overhyped Play-to-Earn and GameFi protocols when prices are down. Gamblers are leaving the market, so the right moment to address fundamental goals of Web3 has come.

Then, bear markets are associated with lower salary expectations of developers and marketers; the projects can switch to healthier compensation models. Funds raised in 2021 can fuel 1-2 years of development for prudent CEOs.

All in all, nothing changed for ‘real’ builders: Q3-Q4 of 2022 still can unveil many interesting Web3 concepts addressing crucial bottlenecks and pains of a global blockchain ecosystem.
Reliable nodes provider for bear market

To meet the next bull rally locked and loaded, projects should equip themselves with cost-efficient and feature-rich infrastructure providers. To help them in doing so, GetBlock advances its services stack and expands its array of partnerships.

Recently, GetBlock launched node clusters functionality, an instrument for advanced security and traffic optimization for mainstream dApps. With node clusters, dApps of all types enjoy reliable connection to blockchain nodes even in times of maximum transactional pressure.

Also, GetBlock has entered into a long-term strategic collaboration with Nervos Network, a unique dual-layer programmatic blockchain. GetBlock rolled out shared and dedicated nodes for Nervos and its scalability network Godwoken. The GetBlock team was among the key speakers of the recent BlockJam conference by Nervos.

As such, GetBlock and its 40+ blockchain nodes APIs are ready to on-board dApps that are ready to change the narrative in Web3 in the next bullrun.

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June 17, 2022 GetBlock to Attend Nervos' BlockJam 2022 Hackathon and Conference

Top-ranked on-chain gaming heavyweights and promising early-stage teams are coming to Nervos’ BlockJam to discuss latest trends of GameFi and share their vision on Web3 prospects.
GetBlock joins BlockJam conference and hackathon for game developers

According to the official statement shared by the representatives of the GetBlock team, it is exciting to join BlockJam, a GameFi and Play-to-Earn hackathon organized by Nervos Network ecosystem.

BlockJam, an online forum and hackathon, kicks off on June 17, 2022. Its main purpose is to educate and excite traditional game developers about the opportunities blockchains can unlock for their products.

During the GameJam hackathon, leading blockchain-focused game developers will demonstrate their skills to peers, enthusiasts and crypto experts. The $50,000 prize pool will be distributed between the winners of various GameFi and Play-to-Earn tracks.

BlockJam’s participants will be able to create amazing new user experiences with blockchain tools and pioneer exciting on-chain gaming tokenomic models.

GetBlock representatives will be attending talks and educational sessions with top-tier web and blockchain experts. Also, our very own Maria Key will demonstrate key benefits of deploying decentralized applications to GetBlock’s shared and dedicated nodes.
GetBlock provides high-performance nodes for GameFi and Play-to-Earn ecosystems

For GetBlock this event is one of the crucial marketing milestones of 2022 as GameFi and Play-to-Earn segments are in the spotlight of its adoption strategy. GetBlock supercharges with its APIs various on-chain gaming ecosystems on Ethereum, BNB Chain, and Polygon.

Also, GetBlock rolled out shared and dedicated nodes for Nervos Network, and, most recently, its second-layer solution Godwoken. GetBlock is more than happy to fuel the next phase of the on-chain gaming revolution that is happening on Nervos right now.

For further information about Nervos’ BlockJam event, please, don’t hesitate to sign up on https://globalblockjam.com/.

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May 23, 2022 GetBlock Nodes API Provider Supercharges GameFi Revolution: Here's How

In 2021-2021, GameFi evolved into a heterogeneous ecosystem with thousands of active protocols. On-chain gaming is no longer a hobby for a dozen or two of Ethereum geeks.

Instead, it is a multi-billion segment with its own champions, tragedies and trends. GetBlock, a high-profile Blockchain-as-s-service (BaaS) vendor that connects dApps to APIs of 40+ blockchains, is ready to address all crucial roadblocks of GameFi.
GetBlock for microtransactions

GameFi and Play-to-Earn tokenomical designs are all about microtransactions as they need to handle millions of small transactions with near-zero latency. This is designed to guarantee a captivating and immersive gaming experience for GameFi pros and newbies.

Bonuses, rewards, prizes for the winners of tournaments and challenges: majority of these transfers are micropayments. That’s why GameFi protocols can only work with high-performance and cost-efficient infrastructure.

GetBlock’s ecosystem of shared and dedicated (highly recommended for GameFi and Play-to-Earn!) nodes can on-board all sorts of GameFi applications and process their payments through its high-end infrastructure. Also, its rates on paid tariffs (including unlimited plans) are among the lowest in the industry.
GetBlock for multi-chain systems

More and more GameFi products are turning into multi-chain i.e. deploying their smart contracts to various blockchains. Typically, they choose different Ethereum-compatible (EVM-powered) blockchain: Ethereum and Polygon, Ethereum and Fantom, and so on.

GetBlock provides an excellent technical basis for such systems. Since its very first days, it has offered shared and dedicated nodes for all mainstream EVM-compatible chains: from Ethereum, Polygon, and BNB Chain to new corporate chains of crypto exchange.

As such, our clients can integrate various blockchains into a single ecosystem for unparalleled user experience and optimized resources usage.

GetBlock for scaling: GameFi guilds are welcome!

Last but not least, GetBlock’s infrastructure is highly scalable. As the concept of gaming guilds - large communities of professional or semi-professional gamers - becomes more and more common for GameFi, the transactional pressure skyrockets.

GetBock’s engineers offer scalable and flexible environments for growing GameFi products: your on-chain games will be able to on-board gaming guilds of any size.

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GetBlock is a multinational team operating from Europe, united by the idea of developing a complete solution for providing access to blockchain nodes of various cryptocurrencies.